Toyota to cut jobs in major restructure

Toyota Australia has announced today it’s reducing its overall workforce from almost 4,000 employees, to around 1,300 workers as part of a major restructure.

The company’s corporate operations will be consolidated in Melbourne, having a negative impact on the Sydney office, where around 300 people are employed.

The reduction is also expected to include cutting manufacturing jobs from now until 2017.

“There will also be a significant reduction in corporate support roles and the four Toyota Parts Centres located throughout the country will undergo major reform to improve global competitiveness,” Toyota said in a statement.

Company President Dave Buttner said the changes would help give the company “a strong and sustainable base for the next fifty years and beyond”.

“The intention is that the relocation will be aligned to the end of manufacturing and we will encourage our Sydney-based employees to move to Melbourne,” he said.

Dave Smith, National Secretary of the AMWU vehicle division has criticised the government for its failure to secure jobs.

“This announcement once again highlights the tragedy of Australia losing its automotive industry and the stupidity of the Abbott Government’s failure to support the workers and their families reliant on these jobs,” he said in a statement.

“At a time when the shine is coming off mining, and a lower Australian dollar is again presenting export opportunities, the Abbott government’s decision to end funding to the industry means these jobs and these opportunities for the Australian economy are lost forever,” Mr Smith said.

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